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Tag Archives: auto dealers

The recession has kept many Americans from purchasing new cars, and car salespeople who have traditionally depended upon commission sales have felt the pinch. In their scramble to ramp up meager profit margins, auto dealers have had to use inventive means to both remain profitable and keep their car salespeople happy. One way they’ve done Read on! →

A recent article in Automotive News reports that when it comes to auto dealers, women in auto sales may be just the recipe needed to increase the bottom line. The traditional preponderance of male salespeople in the auto sales industry created a “testosterone barrier” that may have been appropriate when purchasing decisions in American households Read on! →

Auto dealers believe that they’re already regulated enough by federal and state laws, which is part of the reason why roughly 100 dealers are lining up to lobby lawmakers over the new Senate auto finance bill, reports the Detroit Free Press. Car dealers fear that additional restraint would “limit credit for customers and hurt the Read on! →

The Hill blog reports that 62 House Democrats are urging lawmakers to pursue an auto dealer exemption in light of upcoming financial reforms being considered by the Consumer Financial Protection Agency (CFPA). The movement, organized by New York Reps. Bill Owens and Mike McMahon, goes against the wishes of the White House, Defense Department and Read on! →